Close Brothers Group

  • Central London / West End

Central Functions

IRB Business Analyst - Contract


Competitive + Discretionary Bonus + Benefits

Monday 30 April 2018

6-9 Month Duration

About the Company

Close Brothers is a leading merchant banking group established in 1878, providing lending, deposit taking, wealth management services, and securities trading. We employ 2,800 people, principally in the UK, and are one of the largest 250 companies listed on the London Stock Exchange.

Our activities are straightforward. We remain focused on markets and services we know and understand, developing leading positions and unrivalled expertise. Our approach is prudent and considered enabling us to grow sustainably, through all market conditions, building confidence among our depositors and investors.

Our businesses have remained local as we continue to provide bespoke services, and developing long-term relationships ensuring our success in the future. We value our clients over everything else. What they do is important – they are the doers and makers of things, the wealth creators, the investors and the savers. We ensure our services meet their specific needs and invest to support them as they grow.

These principles, founded in our past but applied to the modern world today, represent what we describe as ‘modern merchant banking’ – values that are embedded in our culture and that underpin everything we do.

About the Role

The Business Analyst acts as an intermediary between the business community and the technical community, working with IT project teams and business clients to capture, clarify, and design business requirements and processes (using appropriate tools and models) from which applications and solutions are developed.

The business analyst defines, captures and designs business requirements and processes for implementation. Additional responsibilities include analysing data, supporting testing and assisting with the transition to business as usual.

Additionally the business analyst will be working with many stakeholders including those from senior management, Technology, business unit leadership and programme delivery.

Analyse and support the creation of the Business Case, identifying the business outcomes required, ensuring alignment to the Capability Model and Process Framework
Provide insight to the project approach and manage competing priorities and project risks
Work closely with the Programme and Project managers to ensure the analysis activities are aligned to the project priorities
Present progress updates and key inputs to Project governance forums e.g. Steering Committees and working groups, leading as required
Work closely with subject matter experts to identify and capture the business problems and interpret and translate them into business, application and operational requirements
Define the existing (As Is) processes, lead the design of new (To Be) processes, identify and quantify any gaps. Develop recommendations for business improvements
Communicate and collaborate with external and internal customers to analyse information needs and functional requirements and deliver the required artifacts as per the change delivery lifecycle. (Artefact examples may include Functional and Non-Functional Requirements, Business Requirements Documents, Epics, User Stories, Use Cases, GUI, Screen and Interface designs, Functional Specifications and Designs)
Work independently with users or under the direction of the Lead Business Analyst to engage with the business and develop analysis artefacts
Collaborates with technology partners to translate business requirements into technical requirements and delivery of solutions
Verify changes to systems and processes and support test managers in the development of their test plans and test scripts, partnering with the business to conduct user acceptance testing
Assess the impact of the business change and assist with the development of training plans, communication plans, post implementation support processes and planning for transition to business as usual
Develop expertise in all business areas and their integration points to other departments or systems
Deputise for the project manager or manage elements of smaller change initiatives where the requirement arises.
Assess the impact of Change Requests on the proposed solution and identify risks and benefits of their implementation

Risk & Compliance

Ensure that all Governance and Compliance requirements are adhered to and all reporting and reviewing activities required by the Regulatory Bodies are carried out to the standards required.

About you

Significant experience of traditional waterfall delivery in a structured change environment with knowledge of Agile and hybrid delivery.
Proven stakeholder management skills at all levels, with the ability to present ideas appropriately for the audience
Ability to challenge and influence to ensure that requirements align to scope and overall value delivers desired strategic outcomes of the program
Experience of all phases of a change delivery lifecycle of a significantly sized project delivery
Demonstrate a comprehensive knowledge and practical application of Business Analysis principles, practices, techniques and tools
Demonstrable change management skills
Exceptional facilitation skills and excellent interpersonal skills
Skilled in the full MS Office suite, including Visio
Skilled in project report creation, data analysis, Excel charts and pivot table development
Field level data mapping / data modelling experience
Experience in working with XML / XSD
Ability to query databases using SQL
Knowledge of ETL process and practice
Experience with Blueworks, Jira and confluence.


Experience on data warehouse and/or IRB projects

Education & Qualifications


The successful candidate will have a strong academic background to degree level or equivalent


A recognised professional Business Analyst qualification or equivalent

A project management qualification or equivalent

Rewards and Benefits

At Close Brothers we recognise the value of a work life balance, and have put together a benefits package that reflects this.

Discretionary Annual Bonus
Pension – Group Stakeholder Pension Plan provided by Friends Life; 5.3% employee and 10% employer contribution
Life assurance – 4 times annual salary
Private Medical Insurance
Annual Leave – minimum of 25 days as standard with the opportunity to buy up to 5 days’ additional annual leave every March
Plus further benefits including competitive family friendly offering , information available upon request

Equal Opportunities

As an employer, Close Brothers is committed to equality and valuing diversity within its workforce. We provide equality of opportunity and will aim to ensure that no employee’s or candidates are subject to discrimination on grounds of any characteristics including but not withstanding gender, gender identity, marital status, sexual orientation, race, colour, nationality, religion, age, disability, working pattern, caring responsibilities, political beliefs.